Equipment acquired on January 6 at a cost of $364,300 has an estimated useful life of 8 years and an estimated revidual value of $47,500. a. What was the annual amount of depreciation for the Years 13 using the straight-line method of depreciation? b. What was the book value of the equipment on January 1 of Year 47 c. Assuming that the equipment was sold on January 3 of Year 4 foe $233,200, journalize the entry to record the sale. If an amount box does not require an entry, leave it blank: d. Assuming that the equipnent bad been sold on January 3 of Year 4 for $250,400 instead of $233,200, joumaliae the entry to record the sale, If an amount bax does not require it blank